This is complicated because I’m typing on a phone, but
24:30 simplified is 4:5
30:54 simplified is 5:9
10:5 simplified is 2:1
5:15 simplified is 1:3
32:72 simplified is 4:9
72:104 simplified is 9:13
56:7 simplified is 8:1
7:63 simplified is 1:9
Answer:
1/2 maybe
Step-by-step explanation:
Answer:
$305.9022863 or $305.90 (rounded to 2 decimal places)
Step-by-step explanation:
It is a compound interest, meaning an interest accumulates on an initial amount every period. The formula
A= P(1+R)^n
A= the total amount P=Initial amount R= rate n=time period
P=$100 R=15% or 0.15(decimal) n=8 (years)
A= 100 (1.15)^8
A= 100(3.059022863)
A=305.9022863